Pixion Games, the game studio behind Web3 action role-playing game Fableborne, announced that it has raised $12.40 million in its latest round of funding led by Delphi Ventures, with participation from Animoca Brands, Yield Guild Games (YGG), and Axie Infinity creator Sky Mavis. The funding will help it prepare for the launch of the POWER token later this year. Fableborne is a free Web3 action role-playing game based on Ronin, developed by Pixion Games and currently in its first season.